Barclays Bank PLC Completes SEC-Registered Public Offerings

January 11, 2018

S&C client Barclays Bank PLC completed an SEC-registered public offering of $3 billion of debt, consisting of $2 billion aggregate principal amount of 2.650% fixed rate senior notes due 2021 and $1 billion aggregate principal amount of floating rate senior notes due 2021.

On January 17, Barclays PLC, the holding company for Barclays Bank PLC,  completed an SEC-registered public offering of £1.25 billion aggregate principal amount of 3.250% fixed rate senior notes due 2033.

The S&C London team on these offerings consisted of John O’Connor, Evan Simpson, Emily Deddens, Costanza Posarelli and Pavel Bend, with Eric Wang and Minkeun Woo advising on tax matters.